Zhong Guo Jing Ji Wang·2025-05-16 09:12Group 1 - The stock price of Zhenhua Guangguang (688439.SH) closed at 55.30 yuan, with a decline of 2.33%, marking four consecutive trading days of losses [1] - The company is currently in a state of share price decline, having broken its initial public offering (IPO) price [1] - Zhenhua Guangguang was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on August 26, 2022, with an issuance of 50 million shares, accounting for 25% of the total share capital post-issuance, at an IPO price of 66.99 yuan per share [1] Group 2 - The total funds raised from the IPO amounted to 334.95 million yuan, with a net amount of 325.99 million yuan after deducting issuance costs, exceeding the original plan by 205.95 million yuan [1] - The company intended to raise 120.05 million yuan for projects related to high-reliability analog integrated circuit wafer manufacturing and advanced packaging, as well as for the construction of a research and development center [1] - The total issuance costs (excluding VAT) were 8.96 million yuan, with CITIC Securities receiving 7.90 million yuan as underwriting and sponsorship fees [1] Group 3 - CITIC Securities Investment Co., Ltd., a subsidiary of the lead underwriter, participated in the strategic allocation of the issuance, acquiring approximately 2.99% of the total shares offered, amounting to 1,492,760 shares for a total investment of approximately 100 million yuan [2] - The shares acquired by CITIC Securities Investment Co., Ltd. are subject to a lock-up period of 24 months from the date of the company's IPO and listing [2]